Land acquisition for MRT3 expected to be completed in two years
MRT Corp is currently focusing on the land acquisition process, which involves over 1,000 lots of land, the majority of which are private lots.
Putrajaya extends ERL concession period by 30 years after seven-year negotiations, says Loke
"We have given the commitment to signing the supplementary concession agreement, so that they can plan to invest in their assets.
Putrajaya, ERL ink supplementary concession agreement with new market-driven fare structure
Loke said the supplementary concession agreement is seen as a win-win situation between ERL and users, where the best service can be provided by ERL without burdening the operation in terms of costs.
MyHSR receives KL-Singapore HSR concept proposals from seven consortia formed by 31 companies
“If the response is positive, we will move on to the second phase with the Request for Proposal (RFP) stage to obtain detailed proposals from the selected consortia.
Rapid rail, bus services achieved 1.05 mil daily passengers in 2023, says Loke
This surpassed the pre-Covid peak of 790,000 passengers a day, according to Transport Minister Anthony Loke Siew Fook.
Govt allocates RM200m for My50 travel pass in 2024 as subscribers increase to 2.18m
"For every person who uses the My50 travel pass, you are actually receiving RM100 in subsidies from the government, but the public may not be aware, as they believe it is just RM50.
Loke reaffirms govt commitment to building MRT3
"The Ministry of Transport is in progress of land acquisition for the MRT3 line, but the decision on when to award the project is under the purview of the Ministry of Finance.
LRT3 surpasses 91% completion, on track to commence ops by March 1, 2025, says Loke
Regarding the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, Loke announced that infrastructure work in Malaysia had reached 65% as of the end of December last year, while system work was 33.
Crescendo Corp's 3Q net profit climbs to RM18m on higher property revenue
On a quarterly basis, the group’s net profit came in higher from RM4.
No discussion with Singapore yet on HSR project, says Loke
As of now, the Malaysian government has not initiated any discussions regarding the HSR with the Singapore government, even during the recent two-day Malaysia-Singapore Leaders' Retreat, according to Transport Minister Anthony Loke.
